University of Chicago Booth

About the Center

The Center for Decision Research was founded by Hillel Einhorn in 1977. Decision research draws on cognitive and social psychology, economics, sociology, statistics, and other disciplines to understand how individuals and groups make decisions.

Through the work of the Center, Chicago Booth was the first business school to emphasize behavioral decision making in its MBA and PhD programs.

Read more about the history of the CDR (PDF) >